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Tuesday, February 26

26th Feb - Quiet #4031


EUROPE
Chances of early elections in Italy rise ABN AMRO


UNITED STATES
Macro theme: Balance sheet relief Nordea
QT will end later this year, but the Fed has a number of important decisions to make. Most importantly on the level of excess reserves. Also, on selling mortgage-backed securities, doing a reverse operation Twist, and how to control short-term rates.

Prolonging the pause… - ING
Fed Chair Jerome Powell has repeated comments that economic 'cross-currents' require a 'patient' approach to monetary policy. But unlike the market, we believe the risks remain skewed to higher interest rates eventually


REGULARS
Five Things to Start Your Day AsiaBB

Eco Day AsiaBB
May Brexit Delay, Yellen Praises Economy, Trump-Xi Deal * ECB gets counterintuitive advice to soften slowdown: Hike rate *  ‘Deleveraging is dead’: China signals renewed focus on growth

Five Things to Start Your Day EuropeBB

EU Open RundownRANsquawk

FirstFT Daily BriefingFT

Brussels Briefing FT
Battle heats up over Europe’s new chief prosecutor

Brussels Edition BB
The Politics of Prosecution

Brussels PlaybookPolitico
The country that cried Brexit — EU-Arab League summit issues — Latvia wants clean €€€

Danske DailyDanske Bank

Eco Day EuropeBB
ECB's Advice, Powell Testimony, Xi's Breathing Room * ECB gets counterintuitive advice to soften slowdown: Hike rate * U.S. president extends tariff deadline amid signs of progress

Daily Market CommentMarc Chandler
Brexit Dilution Lifts Sterling, while Yesterday's Equity Rally Fades, Powell Awaited

Five Things to Start Your Day USBB

US Open RundownRANsquawk


FINNISH
Aamukatsaus Nordea
Fedin pääjohtaja Powell puhuu tänään kongressissa | Suomesta saadaan tilastoa työllisyyskehityksestä | Uutislähteiden mukaan May on harkitsemassa brexitin lykkäämistä, punta vahvistui